yes please I appreciate your help
If you have any questions on the use of advise.
I only trade the 3 most popular pairs, I am long on us and short the others
I remain bearish on EUR.
This applies to the EUR/USD and EUR / GBP.
EUR/USD fragment [B]↓[/B]
Enlarge this image
http://img41.imageshack.us/img41/5610/a11m30cr.gif
EUR/GBP [B]↓[/B]
Also look at eur/jpy i have been shorting since 115 area today it looks very good for a 50 pip drop i hope it will go down more.
Hi FForeman can u send me the XLChart pls? I would like to compare… (i use other scale and only daily close) …
wld sell gbpusd under 15939 tgt 15800
If you need a program XLChartPro, the link (PDF) in post number 22 on this page. If something is unclear please ask.
File name 11m28.pdf.
Free indicators that I use are looking for in my note (GOOGLE DOCS). There in the middle of the document.
I also have a book Dorsey, (Third Edition), I can send if needed. In this book about the stock .... But there is something useful.
(I do not give direct links to not think that advertising.)
спасибо потестируем ;)…супер линк btw…
i have books already // if u want i have jeremy duplessis…
did u try 50 x 2 boxes? (daily close)
Da beri, ne zhalko, e`to uzhe antikvariat :-)
Main idea of [B]Box size[/B] and [B]Box Reversals[/B]. See picture.
For example EURUSD 25x3 or 50x3 or like that.
SL should be two or three boxes. TP, respectively, should be 4 or 6 boxes.
do u think it is safe to use average values? as written in books they say we have to use rounded values… so your table becomes (if rounded to lower integer):
AUDUSD - 60 x 120
EURUSD- 70 x 140
GBPUSD - 90 x 180
NZDUSD - 50 x 100
USDCAD - 60 x 120
USDCHF - 60 x 120
USDJPY - 50 x 100
Now when u look at charts usdchf and audusd seems more volatile than usdcad …then why use same boxes?
if u make average of the above numbers it gives you 62.85 . harmonic average 60.66. the average of these 2 averages 61.76 … ok i know this is manipulation and/or coincidence… but i still hesitate wether to use 60 or 50 p box for every pair? with 2x reversal…
my grid on the left is not basic 50 … it is special levels…
let see what will be next…maybe retracement to trendline first?
as you said before TP is 4boxes? so the last breakout was exactly 4 boxes on my grid
i use different vertical count u have 8 x and 3o =8-3= 5
5 x box size =250 add to breakout point 1.3983+ 250 p = 1.4233
so it was already hit… now i m not sure it is good to enter… maybe hold if you re long or wait for better signal if you are not in position i use daily as i dont have much time to check charts on my work…
Hi simplesignals!
What program do you use? (pnfeu.JPG).
If you need to compare, it is best to use the Bull’s-Eye Broker.
There is no time, the evening will answer in detail.
Click to see fullsize [B]↓[/B]
~~~>http://img28.imageshack.us/img28/5407/clseeurusd3050x2.jpg
no program… manual chart in excel :22:
Well, I got it! You are trying to create a trading system!
Then briefly about the algorithms.
Algorithms for charts close and Hi-Lo are different.
See also Russian program RUMUS2.
Translate somehow! :5:
rumus good
however u obtain different results depending on the start day… i put 1/1/2008 to obtain same charts as my manual…
there re some differences because of my grid scale… but overall signals are almost same… now i look only at close… not much difference between 50x2 and 70x2 …
but i think now, it is better to use above numbers…according to your data
now what do you think? if already long ->hold
if not wait for retracement and then break up again?
now if we take my vertical calculation…(see previous posts) on 50x2 chart gives 14420 tgt
on 70x2 gives 14280 :31:
nothing interesting in majors only GBPUSD (90x2 close) sell under 1.6000
AUDUSD (60x2) at the trendline (will it break the wall ? not sure…)
I am neutral on EUR/USD. ( April 4-8 I mean ). After down. See time chart.
About a pound and Australian dollar, think later ....
AUDUSD. I wait for a signal [B]to sell .[/B] Against the pound many questions . See this. Only the Russian explanation.
thnks for your answer…on my own grid i have 8 days in a row eurusd didnt manage to close above previous plotted price (1.4182) +50p = 1.4132 …si i still have double top…
for other pairs do you have info on every day since 2001 what was the daily bar …
for example every 1 Jan since 2001 was it a bullish or bearish bar… do you think it can be useful? i have done the work for eurusd already…maybe you have something for other pairs?
http://www.easy-share.com/1914523266/statistika.xls